Cost of Living: Albert lea, MN vs Cocoa beach, FL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Albert lea | Cocoa beach |
|---|---|---|
| Housing Index | 90.0 | 120.0 |
| Median Home Price | $225,000 | $389,000 |
| Average Rent (2 BR Apartment) | $1050 | $2200 |
| Average Rent (2 BR House) | $1200 | $2240 |
Housing Comparison: Albert lea vs Cocoa beach
- The median home price in Cocoa beach is higher at $389,000, compared to $225,000 in Albert lea.
- In Cocoa beach, the rental for a two-bedroom apartment stands at $2,200, while it is $1,050 in Albert lea.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Albert lea | Cocoa beach |
|---|---|---|
| Electricity Price | $16.38 | $13.89 |
| Natural Gas Price | $14.87 | $26.13 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Albert lea vs Cocoa beach
- Electricity costs are higher in Albert lea at $16.38 per kWh, compared to $13.89 in Cocoa beach.
- Cocoa beach experiences higher natural gas costs at $26.13 per unit, with costs at $14.87 in Albert lea.
- Utility expenses are equal in both Albert lea and Cocoa beach averaging $250.